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MailChimp Suffers Data Breach in Latest Social Engineering Attack

SecureWorld News

Popular email marketing service MailChimp recently fell victim to another data breach, this time caused by a successful social engineering attack on its employees and contractors. The company temporarily suspended access for accounts where suspicious activity was detected in order to protect user data.

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Mastermind: Social Engineering, BEC Attacks, Millions in Cash and Crypto

SecureWorld News

That's because Ghaleb Alaumary motivated teams of criminals to commit cybercrime, financial crime, and to collectively steal tens of millions of dollars. Cybercrime ringleader confesses to conspiracies. Then there was the money laundering, the cryptocurrency, the digital wallets. Instead, he'll spend more than a decade in jail.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. 12 blog post , the attackers used their access to Mailchimp employee accounts to steal data from 214 customers involved in cryptocurrency and finance.

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The Link Between Ransomware and Cryptocurrency

eSecurity Planet

Cryptocurrency Fuels Ransomware. One constant in all this will be cryptocurrency, the coin of the realm when it comes to ransomware. Cryptocurrency really is fueling this in a sense. … If you were to take cryptocurrency away from that, they don’t have a convenient digital platform.

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North Korea hackers impersonating Coinbase to lure employees and customers

CyberSecurity Insiders

The aim behind the said social engineering attack is simple, one to trap employees with fake job offers and second to lure customers in signing up the page and then steal their currency. NOTE – Lazarus is also known in the world of cybercrime as Guardians of Peace and is being run and funded by the government of North Korea.

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State of Cybercrime 2020: FBI Report

SecureWorld News

The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. The IC3 "provides the public with a trustworthy source for information on cyber criminal activity," and also is a useful tool for victims to report a cybercrime. Business Email Compromise 2020. IC3's Recovery Asset Team (RAT).

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Threat Actors Merging Malicious Activity With Cryptocurrency Show How the Attack Landscape is Developing in Decentralized Finance

Security Boulevard

Current threat actor activity is incentivized by a broad attack surface represented through high volumes of users and systems, and high potential profits represented through the variety of cryptocurrency offerings. It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.